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L3Harris Technologies Inc

LHX | US

317.51

USD

-12.71

-3.85%

LHX | US
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About L3Harris Technologies Inc

Sector

Technology

Industry

Communication Equipment

Earnings date

30/06/2024

As of date

24/04/2026

Close

317.51

Open

328.82

High

328.82

Low

314.75

L3Harris Technologies Inc. an aerospace and defense technology company provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence surveillance and reconnaissance (ISR) systems; and communication systems as well as fleet management support sensor development modification and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms such as signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and platform control systems and other electronic and electrical products and systems. In addition this segment offers advanced electro-optical and infrared solutions. Its Space and Airborne Systems segment offers space payloads sensors and full-mission solutions; classified intelligence and cyber defense solutions; mission avionics; and electronic warfare systems. The company's Communication Systems segment provides broadband communications; tactical radios software-defined radios for key DoD network modernization programs and satellite communication terminals and battlefield management networks for U.S. and international defense customers; integrated vision solutions including helmet-mounted integrated night vision goggles; heads up displays along with Clip-on Weapon Sights and weapon-mounted aiming lasers and range finders; and public safety radios and system applications and equipment. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies Inc. in June 2019. L3Harris Technologies Inc. was founded in 1895 and is headquartered in Melbourne Florida.

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LHX | US

Risk
24.5
Sharpe
1.84
Luna's Score
64/100
Recommendation
Hold

Luna says (LHX | US)

What's Working

Low 6-Month Volatility (<30%)

Largecap (10B - 200B USD)

Low Market Beta (-0.4 to 0.8)

Value Stock (Price to Book < 3)

Strong Revenue Growth (> 10%)

Strong Sharpe Ratio (> 1.2)

What's not Working

Negative Momentum (Declining Price)

Weakness based on declining price with high volume

Price Below SMA10D

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

22.1%

1 month

24.5%

3 months

29.7%

6 months

28.3%

Returns

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Fundamental Ratios

PE

39.93

Fwd. PE

17.42

Price to book

2.50

Debt to equity

0.70

Debt to assets

0.32

Ent. to EBITDA

19.09

Ent. to rev.

2.88

PEG

0.98

Other Fundamentals

EBITDA

3.69B

MarketCap

60.23B

MarketCap(USD)

60.23B

Div. yield

1.87

Op. margin

11.63

Erngs. growth

4.90

Rev. growth

12.90

Ret. on equity

6.20

Short ratio

1.56

Short perc.

0.66

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

45.39

Range1M

49.52

Range3M

64.48

Volumes: Market Activity

Volume Averages

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Rel. volume

1.86

Price X volume

746.03M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Ubiquiti Networks IncUICommunication Equipment1033.3362.49B-0.44%43.50796.64%
Lumentum Holdings IncLITECommunication Equipment881.6460.50B4.10%n/a267.38%
Nokia CorporationNOKCommunication Equipment10.4656.96B1.26%27.9422.02%
Telefonaktiebolaget LM Ericsson (publ)ERICCommunication Equipment11.2737.27B-0.44%n/a48.41%
Hewlett Packard Enterprise CompanyHPECommunication Equipment28.1636.57B0.82%14.6753.46%
Credo Technology Group Holding Ltd Ordinary SharesCRDOCommunication Equipment195.0432.39B5.12%n/a3.01%
EchoStar CorporationSATSCommunication Equipment117.531.92B-3.31%n/a129.94%
Super Micro Computer IncSMCICommunication Equipment29.0817.03B8.71%23.5139.75%
Viavi Solutions IncVIAVCommunication Equipment47.7510.59B3.47%n/a100.82%
Viasat IncVSATCommunication Equipment61.997.92B-0.94%n/a151.63%
  • 1

Diversifiers

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Industry
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Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Carrier Global CorporationCARRBuilding Products & Equipment60.9755.04B-0.93%21.69100.40%
Cardinal Health IncCAHMedical Distribution199.8548.36B-2.38%32.58-174.57%
Netflix IncNFLXMedia - Diversified92.4439.67B-0.41%43.2370.34%
Live Nation Entertainment IncLYVMedia - Diversified156.6436.36B2.24%105.45-18562.20%
PPL CorporationPPLBuilding Products & Equipment38.7528.59B0.54%28.90114.80%
Twenty-First Century Fox IncFOXAMedia - Diversified62.8527.58B-2.60%13.5776.09%
Twenty-First Century Fox IncFOXMedia - Diversified56.1726.86B-2.72%12.4576.09%
Avery Dennison CorporationAVYBuilding Products & Equipment165.513.33B-1.15%27.93140.74%
Henry Schein IncHSICMedical Distribution77.549.82B-0.87%26.7180.81%
Dolby Laboratories IncDLBMedia - Diversified64.086.11B1.78%34.320.00%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA19.095.48Expensive
Ent. to Revenue2.883.04Par
PE Ratio39.9331.66Expensive
Price to Book2.508.10Cheaper
Dividend Yield1.873.31Poor
Std. Deviation (3M)29.6756.84Lower Risk
Debt to Equity0.700.72Par
Debt to Assets0.320.26Expensive
Market Cap60.23B11.31BMarket Leader
  • 1

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